A Win for Trump Is a Win for Cryptocurrencies Bitcoin Surges to $75,000 Following Trump’s 2024 Election Win – What’s Next for the Crypto Market? The cryptocurrency world has witnessed yet another milestone as Bitcoin surged past $75,000 following Donald Trump’s success in early 2024 U.S. election results. Investors are expressing optimism, spurred by Trump’s
Bitcoin hits $75,000 as Trump Wins US Elections 2024 Read More »
A U.S. investigation into Tether, the issuer of stablecoin USDT, has been denied publicly.According to the Wall Street Journal, federal prosecutors in Manhattan are investigating possible anti-money laundering (AML) violations involving Tether.In the report, unnamed sources suggested USDT might have been used for illicit purposes.The company has categorically denied these allegations, emphasizing its commitment to
Tether Denies Investigation Rumors Amid Bitcoin Surge Read More »
As cryptocurrencies gain popularity, hackers and scammers are coming up with new strategies to take advantage of investors. However, did you know that scammers aren’t the only security risks? Due to a lack of market awareness and research, many investors also lose their money as a result of poor trading choices. In this article, we’ll
How to Secure Your Crypto: Top Tips to Avoid Scams and Protect Your Assets Read More »
The most recent Consumer Price Index (CPI) data, dated October 10, 2024, reveals that consumer prices in the United States increased by 2.4% in September, slightly exceeding market estimates of 2.3%. While this is a slight improvement above August’s 2.5%, it maintains a cooling trend that has persisted since inflation peaked at 9.1% in June
CPI Report Hints at Favorable Conditions for Bitcoin and Crypto Investors Read More »
Cryptocurrency Market Volatility: Bitcoin and Altcoins Experience Significant Decline The cryptocurrency market recently faced a significant decline in the value of Bitcoin and other digital assets, causing concern among investors. Bitcoin dropped from its record high of $64,000 to over $61,000, as at Wednesday, 2nd October, 2024 resulting in a $100 billion loss in market
Crypto Market Drops: How Geopolitical Tensions Are Shaping Bitcoin’s Next Move Read More »
What happened to crypto in september? Last week, after the Federal reserve committee made a significant rate cut, Bitcoin rose to around $63,000, climbing from weeks of hovering near $60,000. While this decision has cleared some uncertainty about monetary policy, upcoming U.S. elections are expected to keep markets unpredictable until November. In other Bitcoin news,
Crypto Market Updates For September 2024 Read More »
On Wednesday, September 18th, 2024, the Federal Reserve dropped interest rates for the first time since the COVID-19 epidemic, lowering benchmark rates by half a percentage point to offset a probable labor market slowdown. Amid slowing job growth and inflation, the Federal Open Market Committee voted to drop its main overnight borrowing rate by 50
Federal Reserve Committee Drops Interest Rates During September FOMC Meeting Read More »
The Consumer Price Index (CPI) report from last week caused a shift in the financial markets and served as another reminder of just how intertwined the economy is. However, what impact does news about inflation have on the cryptocurrency market and the US dollar’s value? Because it affects market mood and monetary policy, inflation news
What are we expecting from the FOMC meeting in September ?and Last weeks CPI report Read More »
Bitcoin fans, get ready for an exciting afternoon! The CPI report for today at 1:00 PM can be the spark that sends Bitcoin prices skyrocketing or plummeting. However, why is the market anticipating this? A robust economy is typically correlated with a healthy labor market, but recent employment data has investors concerned. Do not panic;
